| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | 0.0% | -28.4% |
| Op. Income | -$4M | -$4M | -$4M | 0.0% | 4.2% |
| Gross Margin | 45.4% | 45.4% | 55.1% | 0.0pp | -9.7pp |
| Net Margin | -120.1% | -120.1% | 42.4% | 0.0pp | -162.4pp |
| EPS (Diluted) | $-1.00 | $-1.00 | $3.00 | 0.0% | -133.3% |
| Free Cash Flow | -$3M | -$3M | -$11M | 0.0% | 70.8% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $702.0K |
| GROSS PROFIT | $584.0K |
| R&D Expenses | $329.5K |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $874.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $209.0K |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $209.0K |
| Stock-Based Compensation | $114.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$500 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$500 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $739.0K |
| TOTAL CURRENT ASSETS | $16M |
| PP&E (Net) | $616.0K |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $143.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $22M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $540.0K |
| TOTAL NON-CURRENT LIABILITIES | $730.0K |
| TOTAL LIABILITIES | $22M |
| Common Stock | $35M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | -$410M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61.0K |
| Minority Interest | $0 |
| TOTAL EQUITY | $61.0K |
| TOTAL LIABILITIES & EQUITY | $22M |
| Total Debt | $558.0K |
| Net Debt | -$7M |
